Buy Signals, Buy Signals and THESE Buy Signals! – Jack Chan

Jack fishes out all the details…

by Jack Chan via Street Wise

 

 

 

Our proprietary cycle indicator is up.

 

 

Gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term.

 

 

Gold sector is on a short-term buy signal.

Short-term signals can last for days and weeks, and are more suitable for traders.

 

 

Speculation is rising from a multiyear low.

 

 

Silver is on a long-term buy signal.

SLV is on a short-term buy signal, and short-term signals can last for days to weeks, more suitable for traders.

 

 

Speculation is rising from a new multiyear low.

Summary
Precious metals sector is on major buy signal.
Cycle is now up.
COT data is supportive for overall higher prices.
We are holding gold related ETFs for long term gain.